Posts belonging to Category Investor Alerts
Posted by Page PerryonOctober 18, 2012
Nearly all (96%) of Wall Street senior executives at financial services firms believe that the public’s negative perception of their firms was invited by the firms’ actions. That is the conclusion of a recent survey of senior executives at large and mid-size financial services firms (the Makovsky Wall Street Reputation Study). The survey respondents included […]
Categories: Brokerage Firms, Investment Advisers, Investor Alerts, Market Developments, Regulatory Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation
Posted by Page PerryonOctober 18, 2012
The recent actions of errors and omissions insurance carriers should serve as a major red flag to investors. Many of these carriers are refusing to issue coverage for sales of certain alternative investments. In other words, these carriers have determined that the risk of loss associated with the sale of certain alternative investments is too […]
Categories: Alternative Funds, Alternative Investments, Brokerage Firms, CDOs, Closed End Funds, Common Securities Broker Abuses, Derivatives, Early Retirement Scams, Elder Abuses, Exchange Traded Notes (ETNs), Exchange Traded Products (ETPs), Exchange-Traded Funds (ETFs), Fairness/Just & Equitable Conduct, Hedge Funds, High Yield (Junk) Bonds, Insurance Products, Investment Advisers, Investment Malpractice, Investor Alerts, Limited Partnerships, Misrepresentation/Omission, Non-Traded Business Development Companies, Nontraded REITs, Oil & Gas, Private Equity Investments, Private Investments/Reg D, Promissory Notes, Reverse Convertibles, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools, Structured Notes, Supervisory Failures, Tenant-in-Common Interests, Unsuitable Recommendations, Variable Annuities and Equity-Indexed Annuities
Posted by Page PerryonOctober 16, 2012
Equifax and NCR have reportedly joined a growing number of large U.S. corporations that are offering employees lump sum payouts in lieu of their guaranteed, lifetime monthly pension payments. Other notable companies offering pension buyouts include General Motors, Ford, Sears, Archer Daniels Midland, automotive industry supplier Visteon, and the New York Times Co.
Categories: Brokerage Firms, Early Retirement Scams, Elder Abuses, Employment Issues, Fairness/Just & Equitable Conduct, Investment Advisers, Investment Malpractice, Investor Alerts, Misrepresentation/Omission, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools, Unsuitable Recommendations
Posted by Page PerryonOctober 15, 2012
Investors beware – advisers who make up or inflate their credentials are committing fraud upon their clients. This is often the first step leading to the devastating losses to investors we read about almost every day. Overburdened and underfunded though they are, the SEC announced that it will take action to combat this growing problem.
Categories: Brokerage Firms, Common Securities Broker Abuses, Early Retirement Scams, Elder Abuses, Employment Issues, Fairness/Just & Equitable Conduct, Investment Advisers, Investment Malpractice, Investor Alerts, Misrepresentation/Omission, Regulatory Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools
Posted by Page PerryonOctober 12, 2012
Large numbers of exotic and niche exchange traded products (both funds and notes) have either folded or are on a “death watch.” One such fund, according to John Waggoner of USA Today, has not traded since January (“Some exchange traded funds in ER”).
Categories: Alternative Investments, Brokerage Firms, Derivatives, Exchange Traded Notes (ETNs), Exchange Traded Products (ETPs), Exchange-Traded Funds (ETFs), Investigations, Investment Advisers, Investor Alerts, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools
Posted by Page PerryonOctober 11, 2012
Variable annuities have long been criticized as one of the worst investment choices ever. Complicated, costly, and Illiquid by virtue of surrender penalties, variable annuities offer investors less benefit than traditional investments that can bought without the expensive insurance company wrapper, according to many experts.
Categories: Brokerage Firms, Common Securities Broker Abuses, Early Retirement Scams, Elder Abuses, Fairness/Just & Equitable Conduct, Insurance Products, Investigations, Investment Advisers, Investment Malpractice, Investor Alerts, Misrepresentation/Omission, Regulatory Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools, Unsuitable Recommendations, Variable Annuities and Equity-Indexed Annuities
Posted by Page PerryonOctober 9, 2012
Since early 2010, the SEC has filed more than 100 cases against hedge fund managers for misusing investor assets, lying about investment strategy or performance, charging excessive fees, hiding conflicts of interest, and other wrongdoing. These hedge fund frauds have victimized even the most sophisticated investors by falsely promising outsized returns or secured and guaranteed […]
Categories: Alternative Investments, Brokerage Firms, Common Securities Broker Abuses, Early Retirement Scams, Elder Abuses, Fairness/Just & Equitable Conduct, Hedge Funds, Investment Advisers, Investment Malpractice, Investor Alerts, Misrepresentation/Omission, Regulatory Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation
Posted by Page PerryonOctober 5, 2012
The Securities and Exchange Commission charged James S. Quay, age 50, a disbarred Atlanta attorney and unlicensed financial advisor, with defrauding two elderly women he convinced to invest with him directly. Mr. Quay is a convicted felon and had a history of steering retirees into fraudulent investment schemes, which he concealed from his victims, according […]
Categories: Affinity Fraud, Brokerage Firms, Common Securities Broker Abuses, Elder Abuses, Fairness/Just & Equitable Conduct, Investment Advisers, Investment Malpractice, Investor Alerts, Misrepresentation/Omission, Ponzi Schemes, Regulatory Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation
Posted by Page PerryonOctober 5, 2012
Page Perry partner Robert D. Terry has been appointed as Receiver in an enforcement action filed by the U.S. Securities and Exchange Commission in U.S. District Court in Atlanta. The SEC requested the court to appoint Mr. Terry as Receiver for the estate of Summit Wealth Management, Inc. and other affiliated entities that are defendants […]
Categories: A General Overview, Common Securities Broker Abuses, Hedge Funds, Investigations, Investment Advisers, Investment Malpractice, Investor Alerts, Misrepresentation/Omission, Private Investments/Reg D, Regulatory Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation
Posted by Page PerryonOctober 4, 2012
Record low yields on junk bonds have led Morgan Stanley to downgrade them and advise investors to reduce their holdings. Even in good economic times, junk bond are riskier than investment grade bonds and are supposed to pay significantly more interest as a risk premium. However, today’s weak economy increases the risk of default by […]
Categories: Bonds, Brokerage Firms, High Yield (Junk) Bonds, Investment Advisers, Investor Alerts, Morgan Stanley, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools
